Question 18 (2 points)

Wilson Automobiles reports the following information. What is the company's residual operating income (ROPI) for 2020?

	2020	2019
Cash	$1,900	$1,700
Operating assets	$8,600	$8,900
Operating liabilities	$4,200	$4,900
Net operating profit after tax	$1,300	$1,400
Weighted average cost of capital	8.0%	8.0%

Question 18 options:

	None of the above
	$1,080
	$980
	$948
	$1,620